Fully Funded Mastercard Foundation Scholarship: Are you an ambitious student looking for a fully funded master’s scholarship in the USA?
The 2026 Innovation and Technology Scholarship, offered by the Mastercard Foundation in partnership with Arizona State University (ASU), is a unique opportunity for talented young professionals from Africa to pursue graduate studies in innovation, technology, and sustainable development.
This prestigious scholarship program aims to empower future leaders with the skills, knowledge, and global exposure needed to transform communities and lead Africa into a technology-driven future.
In this article, we’ll cover everything you need to know about the scholarship, including application deadlines, eligibility criteria, avavailable programs, cum financial benefits.
Mastercard Foundation Scholarship Overview
The Mastercard Foundation–ASU Innovation and Technology Scholarship is a fully funded, two-year on-campus master’s program that will run from 2025 to 2030, offering 120 scholarships in total.
For the 2026/2027 academic year, 30 scholarships are available. These awards will cover full tuition, accommodation, living expenses, and additional support to ensure students succeed academically and professionally.
What makes this program unique is its strong focus on technology and sustainable innovation. Students will not only pursue graduate coursework but also gain leadership training, mentorship, internships, and part-time work experience on ASU’s vibrant campus.
Why Choose Arizona State University?
Located in Phoenix, Arizona, ASU is consistently ranked among the most innovative universities in the United States.
With world-class faculty, cutting-edge research facilities, and a diverse student body, ASU provides the perfect environment for international students to thrive.
Through this scholarship, selected students will:
1. Study in one of the top-ranked universities in the U.S.
2. Gain access to internship opportunities and part-time work on campus
3. Receive mentorship and leadership training through the Mastercard Scholars Program
4. Join a global community of changemakers committed to Africa’s growth
Available Mastercard Foundation Scholarship Graduate Programs
Scholars admitted under this initiative can choose from a wide range of STEM and innovation-focused master’s programs at ASU, including:
- MS Global Technology and Development
- MS Information Technology
- MS Human Systems Engineering – Intelligent Systems
- MS User Experience
- MSc Computer Science
- MS Data Science, Analytics & Engineering
- MS Robotics and Autonomous Systems
- MS Civil, Environmental & Sustainable Engineering
- MS Clean Energy Systems
- MS Modern Energy Production and Sustainable Use
These programs have been carefully selected to prepare graduates for leadership in digital transformation, sustainability, energy, and global development.
Mastercard Foundation Scholarship Benefits
One of the strongest aspects of this opportunity is that it is fully funded, removing all financial barriers for selected students.
The scholarship covers:
- Visa application costs
- English language test fees
- Program application fees
- Full tuition and academic fees
- Medical insurance and healthcare costs
- Airfare to and from Phoenix, Arizona
- On-campus housing and living stipends
- Books and learning materials
- Internship and leadership development opportunities
Additionally, students will benefit from:
- 2-month internship between the first and second year of study
- Part-time on-campus jobs with ASU or the Baobab Platform team
- Comprehensive leadership and mentorship support
Mastercard Foundation Scholarship – Eligibility Criteria
To be considered for the 2026 Mastercard Foundation–ASU Scholarship, applicants must meet the following requirements:
1. Citizenship: Must be a citizen of an African country.
2. Age: Between 18 and 33 years old by the application deadline (14 September 2026).
3. Education: Hold a completed undergraduate degree by August 2026.
4. Academic Excellence: Strong academic performance with potential for graduate-level success.
5. English Proficiency: Must meet ASU’s English language requirements.
6. Leadership & Service: Demonstrated community engagement and commitment to ethical leadership.
7. Commitment: Must be willing to return to their home country after graduation to contribute to social and economic development.
8. Restrictions: Applicants must not have started or completed another graduate degree prior to August 2026.
9. Residency: Must be able to live full-time in Phoenix, Arizona for the program duration.
Note: Incomplete or ineligible applications will not be considered.
Application Process
Applicants must follow a two-step process:
Scholarship Application
Submit the scholarship application online (preferred) or via email (for applicants with limited internet access).
Required documents include: CV/Resume, letter of recommendation, and academic transcripts.
ASU Admission Process
Only shortlisted candidates will be guided to apply for admission at ASU.
Interviews will be conducted via phone or video call.
Final scholarship decisions will be announced in February 2026.
Successful applicants will begin their studies in August 2026.
Mastercard Foundation Scholarship – Key Dates
- Application Deadline: Sunday, 14 September 2026 (23:59 GMT)
- Interview Period: Late 2025 – Early 2026
- Final Decision: February 2026
- Program Start: August 2026
Frequently Asked Questions (FAQs)
1. Who can apply for this scholarship?
This scholarship is open to African students aged 18–33 who demonstrate academic excellence, leadership, and a commitment to community development.
2. Do I need to apply directly to ASU first?
No. You must first apply for the scholarship. Shortlisted candidates will then be assisted in applying for admission to ASU.
3. Is the scholarship fully funded?
Yes. It covers tuition, housing, living expenses, visa, travel, medical insurance, and other essential costs.
4. Can women and refugees apply?
Yes. The program strongly encourages applications from women, refugees, displaced persons, and students with disabilities.
5. What happens after I graduate?
Scholars are expected to return to their home countries and apply their skills to drive social and economic development.
Summary
The 2026 Innovation and Technology Scholarship at Arizona State University is more than just financial aid, it is an investment in Africa’s future.
By combining world-class graduate education with leadership training, mentorship, and hands-on experience, this scholarship equips students to become innovators and leaders who will shape the continent’s technological and sustainable growth.
If you are a driven, passionate, and talented student from Africa looking to pursue a fully funded master’s degree in the USA, this opportunity could change your life.
📌 Application Deadline: Sunday, 14 September 2026 (23:59 GMT)
Start your application now and take the first step toward becoming a leader in innovation and technology.